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13 November 2024 | 3 replies
If that is you, stop all of it and spend at least one hour every day looking at deals during the week and 5 hours on the weekend driving around and looking at listings and neighborhoods!
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14 November 2024 | 12 replies
Take a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog4.
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14 November 2024 | 8 replies
I don't want to say it's impossible, but I underwrite these every day and you need to be all in at 50% LTV which is probably a 1 in 100,000 deal on the market.
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14 November 2024 | 25 replies
It's very doable, every day I see and talk to people who make living doing this, but ultimately few people succeed in it (just as in ANY business out there).I wish you best of the luck.
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14 November 2024 | 10 replies
Start networking, go to live Meetups, start talking to lenders, agents, wholesalers and get some real knowledge from investors who are in the trenches every day.
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13 November 2024 | 12 replies
BNBCalc partners with several data providers for short-term rental revenue estimates (Airdna), comparable properties (Airbtics), long-term rentals, tax information, and property information.Our comparable properties provider airbtics provides "revenue potential" estimates which it defines and calculates as the following:Revenue Potential is the revenue that the listing could have earned if it was active every day for the past 12 months.Formula:Revenue Potential: = (Revenue / Days available) * 365 Example: ($33,500 / 304)*365 = $40,222You can find more info about their data on their FAQ!
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12 November 2024 | 8 replies
For example, I didn't even think to ask about the "leasing season" in Fayetteville, AR because I'm from Los Angeles--every day is leasing season over there.
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15 November 2024 | 15 replies
I don't want the pressure of a ticking clock every day with high interest.
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12 November 2024 | 7 replies
There tends to be less competition from every day home owners who need to move in the spring/summer before the new school year starts and thus the possibility of having more leverage on sellers.